Tag: business

Health and Safety: Cell-Phone-Related Car Accident Costs Employee $2 Million; Employer Tips for Avoiding Liability

Back in September 2001, we reported on a California employer that was hit with a $30 million lawsuit after one of its employees struck and killed a teenager while driving and using a cell phone. Now the employee, a former attorney, has been ordered to pay $2 million to the family of the teenager, Naeun […]

Health and Safety : What You and Your Employees Need to Know About Workplace Fire Safety

The largest single settlement Cal/ OSHA ever collected—$462,000—was for a work-related fire. In 1999, Tosco Refining Co. was cited for 33 alleged violations of state workplace safety regulations as a result of a fatal fire at its Avon plant near Martinez. Thankfully, most workplaces won’t experience such tragedies, but even so, OSHA reports that workplace […]

Age Discrimination: Employer’s Ignorance of Insurance Policy Age Limits Sets Stage for Lawsuit

Salem-Keizer Yellow Cab Co., in Salem, Ore., purchased a new automobile liability insurance policy for $10,000 less than its existing auto policy. Yellow Cab probably figured it was making a smart, money-saving move by switching insurance carriers. But, as we’ll explain, the net cost was an expensive age discrimination lawsuit.

Retirement Benefits: Keeping it SIMPLE; Learn All About This IRA Plan for Small Employers

A SIMPLE IRA Plan Savings Incentive Match Plan for Employees of Small Employers allows employees and employers to contribute to individual employee retirement accounts. As the name implies, it’s a simplified plan geared toward small employers, which means it’s relatively easy to set up and operate, with lower administrative costs than for more complicated types […]

Benefits: U.S. Supreme Court Says Owners Possess Rights As Participants In ERISA Pension Plans

Many small-business owners both administer and participate in pension plans covered by the Employee Retirement and Income Security Act (ERISA). But the courts have been split as to whether business owners qualify as participants under ERISA and are entitled to the same legal protections as employees, including protection from creditors in the event of bankruptcy. […]

Workers’ Compensation: Court Upholds WCAB Decision That Employer Terminated Employee Because of Industrial Injury; Practical Tips to Help You Avoid Retaliation Claims

Appliance installer Morton Wong injured his elbow while employed at Crown Appliance in Modesto. Wong claimed he always had a good working relationship with Crown’s owner, Mary Sanchez, but that things went downhill when he returned to work following the injury. Eventually, the Workers’ Compensation Appeals Board (WCAB) found that Crown illegally discriminated against Wong […]

News Notes: Free Pension Plan Guide Available

The Small Business Administration has partnered with insurer Nationwide to publish a guide to inform business owners about their pension plan options and compliance responsibilities. The guide includes information on: how to determine whether to offer a plan and what type of plan to offer; fiduciary responsibilities; and how to find a qualified pension plan […]